Amazon’s International Strategy?

The economic recession is hitting retail stocks worldwide. The recent announcement of Amazon’s (AMZN) results did not bring much cheer to the market either.

Nokia Slows

While Apple had a great quarter, Nokia lost market share and reported a disappointing quarter last week. The loss in market share follows its decision not to match aggressive pricing from its competitors at the cost of profitability. While market share slid to 38% from 40% last quarter and 39% last year, gross margin was

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Apple Takes A Bite Of Rim

Apple, which recently topped my list of Top 5 Handset Stocks, reported fourth quarter results yesterday that beat profit estimates but missed revenue estimates. Despite the tough market, Apple sold 6.9 million iPhones in the quarter and beat its sales target of 10 million iPhones in calendar year 2008.

SunPower Shines Bright

More good news. SunPower (SPWR) announced impressive Q3 earnings last week. With revenues of $377.5 million, they exceeded the market’s expectations of $350 million, and reported annual growth of 61%. Their EPS grew 82% to $0.60 and beat the Street’s view of $0.56.

IBM Unintimidated

Some good news amidst this bloodbath. IBM is second on my recent list of Top 10 Outsourcing Stocks and its recent earnings show why. Despite the tough market, the company had a strong quarter. IBM had grown stronger in the face of the Great Depression and its performance through recent quarters (read earlier coverage of Q407,

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Google Shines Amidst Volatility

Google (GOOG) reported Q3 earnings yesterday that exceeded all market expectations despite the worsening economic conditions. They reported revenues of $5.5 billion with EPS of $4.92. The market was looking for revenues of $5.6 billion and EPS of $4.75.

Intel, AMD: Further Down?

This week, Intel and AMD reported third quarter results that beat many estimates. However, the rival companies were united in their view that the financial crisis will affect demand in the fourth quarter.

eBay Ridiculously Cheap

eBay continues to struggle against current economic conditions with rather lackluster Q3 performance. They have reduced their Q4 guidance, raising doubts about a merry Christmas for the company this year.